Hi,
I am looking for some concrete advice please on where I stand with a debt that's hanging over me.
The debt is for around £9k and was originally a HSBC credit card.
I received a CCJ toward the end of 2013, along with a Charging Order against my property, which I unfortunately didn't contest.
As I am self-employed and have children, there has been no enforcement action that the courts would take against me, so I have never paid anything toward the debt, or acknowledge it. HSBC gave up earlier this year and have sold the debt to Cabot.
I have read a number of threads on this forum and others which contain a lot of conflicting information.
So I guess my questions are:
1. Can I get the Charging Order removed on the basis HSBC no longer have an interested in the debt, or have Cabot effectively taken ownership of both?
2. Am I right in thinking Cabot have no enforcement options whatsoever unless they get the CCJ and CO re-assigned officially in the court?
3. Will Cabot likely affect a low F&F settlement to see the back of this debt, or do they usually hang on for the long run?
4. I believe there are probably at least 1-2k worth of charges and interest added to this credit card, can I pursue HSBC for them, and if they are awarded, can HSBC withhold it against the original debt?
Thanks in advance.
JD